메뉴 건너뛰기




Volumn 168, Issue 1, 2012, Pages 17-28

Empirical implementation of nonparametric first-price auction models

Author keywords

Automatic bandwidth selection; Bandwidth; Constraint weighted bootstrap; Equilibrium bidding strategy; Optimal reserve price

Indexed keywords

AUCTION MODEL; BANDWIDTH SELECTIONS; BIDDING STRATEGY; CONSTRAINT WEIGHTED BOOTSTRAP; EXPERIMENTAL AUCTIONS; FINITE SAMPLE PERFORMANCE; KEY FEATURE; MONOTONICITY; NON-PARAMETRIC; NON-PARAMETRIC ESTIMATIONS; NONPARAMETRIC ESTIMATORS; RESERVE PRICE; SALIENT FEATURES; SIMULATED DATA;

EID: 84858150009     PISSN: 03044076     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jeconom.2011.09.008     Document Type: Article
Times cited : (25)

References (34)
  • 1
    • 0001724645 scopus 로고    scopus 로고
    • Single crossing properties and the existence of pure strategy equilibria in games of incomplete information
    • S. Athey Single crossing properties and the existence of pure strategy equilibria in games of incomplete information Econometrica 69 2001 861 890
    • (2001) Econometrica , vol.69 , pp. 861-890
    • Athey, S.1
  • 2
    • 0036487693 scopus 로고    scopus 로고
    • Monotone comparative statics under uncertainty
    • S. Athey Monotone comparative statics under uncertainty Quarterly Journal of Economics 108 2002 187 223
    • (2002) Quarterly Journal of Economics , vol.108 , pp. 187-223
    • Athey, S.1
  • 3
    • 0036435474 scopus 로고    scopus 로고
    • Identification of standard auction models
    • S. Athey, and P.A. Haile Identification of standard auction models Econometrica 70 2002 2107 2140 (Pubitemid 35384931)
    • (2002) Econometrica , vol.70 , Issue.6 , pp. 2107-2140
    • Athey, S.1    Haile, P.A.2
  • 4
    • 49349102470 scopus 로고    scopus 로고
    • J.J. Heckman, E. Leamer, Handbook of Econometrics Elsevier Amsterdam
    • S. Athey, and P.A. Haile J.J. Heckman, E. Leamer, Nonparametric Approaches to Auctions Handbook of Econometrics vol. 6 2008 Elsevier Amsterdam
    • (2008) Nonparametric Approaches to Auctions , vol.6
    • Athey, S.1    Haile, P.A.2
  • 5
    • 24944484067 scopus 로고    scopus 로고
    • Are structural estimates of auction models reasonable? Evidence from experimental data
    • DOI 10.1086/432138
    • P. Bajari, and A. Hortasu Are structural estimates of auction models reasonable? Evidence from experimental data Journal of Political Economy 113 2005 703 741 (Pubitemid 41320363)
    • (2005) Journal of Political Economy , vol.113 , Issue.4 , pp. 703-741
    • Bajari, P.1    Hortacsu, A.2
  • 7
    • 0001236620 scopus 로고    scopus 로고
    • Bandwidth selection for the smoothing of distribution functions
    • A.W. Bowman, P. Hall, and T. Prvan Bandwidth selection for the smoothing of distribution functions Biometrika 85 1998 799 808
    • (1998) Biometrika , vol.85 , pp. 799-808
    • Bowman, A.W.1    Hall, P.2    Prvan, T.3
  • 8
    • 27244459727 scopus 로고    scopus 로고
    • Semi-nonparametric estimation with Bernstein polynomials
    • DOI 10.1016/j.econlet.2005.01.025, PII S0165176505001618
    • P.M. Chak, N. Madras, and B. Smith Semi-nonparametric estimation with Bernstein polynomials Economics Letters 89 2005 153 156 (Pubitemid 41511677)
    • (2005) Economics Letters , vol.89 , Issue.2 , pp. 153-156
    • Chak, P.M.1    Madras, N.2    Smith, B.3
  • 9
    • 69249183112 scopus 로고    scopus 로고
    • Improving point and interval estimates of monotone functions by rearrangement
    • V. Chernozhukov, I. Fernandez-Val, and A. Galichon Improving point and interval estimates of monotone functions by rearrangement Biometrika 96 3 2009 559 575
    • (2009) Biometrika , vol.96 , Issue.3 , pp. 559-575
    • Chernozhukov, V.1    Fernandez-Val, I.2    Galichon, A.3
  • 12
    • 0011402749 scopus 로고
    • Resolving uncertainty about the number of bidders in independent private-value auctions: An experimental analysis
    • D. Dyer, J.H. Kagel, and D. Levin Resolving uncertainty about the number of bidders in independent private-value auctions: an experimental analysis RAND Journal of Economics 20 1989 268 279
    • (1989) RAND Journal of Economics , vol.20 , pp. 268-279
    • Dyer, D.1    Kagel, J.H.2    Levin, D.3
  • 13
    • 0001968889 scopus 로고
    • On the bias in flexible functional forms and an essentially unbiased form: The Fourier flexible form
    • A.R. Gallant On the bias in flexible functional forms and an essentially unbiased form: the Fourier flexible form Journal of Econometrics 15 1981 211 245
    • (1981) Journal of Econometrics , vol.15 , pp. 211-245
    • Gallant, A.R.1
  • 14
    • 0000621414 scopus 로고    scopus 로고
    • Optimal nonparametric estimation of first-price auctions
    • E. Guerre, I. Perrigne, and Q. Vuong Optimal nonparametric estimation of first-price auctions Econometrica 68 2000 525 574
    • (2000) Econometrica , vol.68 , pp. 525-574
    • Guerre, E.1    Perrigne, I.2    Vuong, Q.3
  • 15
    • 0035539846 scopus 로고    scopus 로고
    • Nonparametric kernel regression subject to monotonicity constraints
    • P. Hall, and L.-S. Huang Nonparametric kernel regression subject to monotonicity constraints Annals of Statistics 29 2001 624 647
    • (2001) Annals of Statistics , vol.29 , pp. 624-647
    • Hall, P.1    Huang, L.-S.2
  • 17
    • 42749087851 scopus 로고    scopus 로고
    • Nonparametric estimation and testing of fixed effects panel data models
    • D.J. Henderson, R.J. Carroll, and Q. Li Nonparametric estimation and testing of fixed effects panel data models Journal of Econometrics 144 2008 257 275
    • (2008) Journal of Econometrics , vol.144 , pp. 257-275
    • Henderson, D.J.1    Carroll, R.J.2    Li, Q.3
  • 18
    • 79551680470 scopus 로고    scopus 로고
    • Imposing economic constraints in nonparametric regression: Survey, implementation and extension
    • Q. Li, J.S. Racine, Elsevier Science
    • D.J. Henderson, and C.F. Parmeter Imposing economic constraints in nonparametric regression: survey, implementation and extension Q. Li, J.S. Racine, Advances in Econometrics: Nonparametric Methods vol. 25 2009 Elsevier Science 433 469
    • (2009) Advances in Econometrics: Nonparametric Methods , vol.25 , pp. 433-469
    • Henderson, D.J.1    Parmeter, C.F.2
  • 19
    • 33845348251 scopus 로고
    • Conditional choice probabilities and the estimation of dynamic models
    • V.J. Hotz, and R.A. Miller Conditional choice probabilities and the estimation of dynamic models Review of Economic Studies 60 1993 497 529
    • (1993) Review of Economic Studies , vol.60 , pp. 497-529
    • Hotz, V.J.1    Miller, R.A.2
  • 20
    • 0000975771 scopus 로고    scopus 로고
    • Information theoretic approaches to inference in moment condition models
    • G. Imbens, R.H. Spady, and P. Johnson Information theoretic approaches to inference in conditional moment condition models Econometrica 66 1998 333 357 (Pubitemid 128467803)
    • (1998) Econometrica , vol.66 , Issue.2 , pp. 333-357
    • Imbens, G.W.1    Spady, R.H.2    Johnson, P.3
  • 21
    • 21344455907 scopus 로고    scopus 로고
    • A general framework for frontier estimation with panel data
    • A. Kneip, and L. Simar A general framework for frontier estimation with panel data Journal of Productivity Analysis 7 1996 187 212
    • (1996) Journal of Productivity Analysis , vol.7 , pp. 187-212
    • Kneip, A.1    Simar, L.2
  • 22
    • 79953302194 scopus 로고    scopus 로고
    • Identification and estimation in highway procurement auctions under unobserved auction heterogeneity
    • E. Krasnokutskaya Identification and estimation in highway procurement auctions under unobserved auction heterogeneity Review of Economic Studies 78 2010 293 327
    • (2010) Review of Economic Studies , vol.78 , pp. 293-327
    • Krasnokutskaya, E.1
  • 24
    • 0001033643 scopus 로고    scopus 로고
    • Conditionally independent private information in OCS wildcat auctions
    • T. Li, I. Perrigne, and Q. Vuong Conditionally independent private information in OCS wildcat auctions Journal of Econometrics 98 2000 129 161
    • (2000) Journal of Econometrics , vol.98 , pp. 129-161
    • Li, T.1    Perrigne, I.2    Vuong, Q.3
  • 25
    • 0036334315 scopus 로고    scopus 로고
    • Structural estimation of the affiliated private value auction model
    • T. Li, I. Perrigne, and Q. Vuong Structural estimation of the affiliated private value auction model RAND Journal of Economics 33 2002 171 193
    • (2002) RAND Journal of Economics , vol.33 , pp. 171-193
    • Li, T.1    Perrigne, I.2    Vuong, Q.3
  • 26
    • 0037237468 scopus 로고    scopus 로고
    • Semiparametric estimation of the optimal reserve price in first-price auctions
    • DOI 10.1198/073500102288618757
    • T. Li, I. Perrigne, and Q. Vuong Semiparametric estimation of the optimal reserve price in first-price auctions Journal of Business & Economic Statistics 21 1 2003 53 64 (Pubitemid 36116520)
    • (2003) Journal of Business and Economic Statistics , vol.21 , Issue.1 , pp. 53-64
    • Li, T.1    Perrigne, I.2    Vuong, Q.3
  • 29
    • 39149124834 scopus 로고    scopus 로고
    • A smooth nonparametric conditional quantile frontier estimator
    • C. Martins-Filho, and F. Yao A smooth nonparametric conditional quantile frontier estimator Journal of Econometrics 143 2008 317 333
    • (2008) Journal of Econometrics , vol.143 , pp. 317-333
    • Martins-Filho, C.1    Yao, F.2
  • 30
    • 70350102802 scopus 로고
    • Restrictions of economic theory in nonparametric methods
    • R.F. Engle, D.L. McFadden, North-Holland The Netherlands (Chapter 42)
    • R. Matzkin Restrictions of economic theory in nonparametric methods R.F. Engle, D.L. McFadden, Handbook of Econometrics vol. 4 1994 North-Holland The Netherlands 2524 2558 (Chapter 42)
    • (1994) Handbook of Econometrics , vol.4 , pp. 2524-2558
    • Matzkin, R.1
  • 31
    • 0000348264 scopus 로고    scopus 로고
    • The dynamics of productivity in the telecommunications equipment industry
    • G.S. Olley, and A. Pakes The dynamics of productivity in the telecommunications equipment industry Econometrica 64 6 1996 1263 1297 (Pubitemid 126463950)
    • (1996) Econometrica , vol.64 , Issue.6 , pp. 1263-1297
    • Olley, G.S.1    Pakes, A.2
  • 32
    • 0001085733 scopus 로고
    • Empirical likelihood ratio confidence intervals for a single functional
    • A. Owen Empirical likelihood ratio confidence intervals for a single functional Annals of Statistics 22 1988 300 325
    • (1988) Annals of Statistics , vol.22 , pp. 300-325
    • Owen, A.1
  • 33
    • 0000335511 scopus 로고
    • Deciding between the common and private value paradigms in empirical models of auctions
    • H. Paarsch Deciding between the common and private value paradigms in empirical models of auctions Journal of Econometrics 51 1992 191 215
    • (1992) Journal of Econometrics , vol.51 , pp. 191-215
    • Paarsch, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.